Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.102%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.102%, 7d avg −0.007%
=Together, before fees+0.119%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.109% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHY_USDT_Perp | 186.39 | 0 | get 0.0000% / 8h | 1h 28m | $22K | $229K | 10x |
| Short | BloFin SKHY-USDT | 186.58 | 0.0120 | get 0.0120% / 8h | 1h 28m | $2.2M | $420K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.2
- Price spread: +0.102% → −0.007%
- $10.85
- Slippage, 4 orders
- −$6.61
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $8.44
- Costs to cover
- 0.276%
- Break-even
- 4.7 days
Slippage from GRVT: live order book, 14 min ago; BloFin: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 14 min ago | 1.07 bp | 6.1 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.54 bp | 6.5 bp −$7 | 7.6 bp −$76 | 17.8 bp −$1,777 | doesn't fit |
SKHY on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1287% | 8h | 186.80 | +0.220% | $25.1M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0284% | 4h | 186.40 | +0.005% | $562K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0197% | 1h | 186.72 | +0.178% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0189% | 1h | 186.61 | +0.118% | $158.6M | $74.7M | 10x | as long as short |
| Popdex SKHYUSDT | −0.0184% | 1h | 186.62 | +0.123% | $197K | $275K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0176% | 1h | 186.52 | +0.070% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.66 | +0.143% | $47K | $19K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0125% | 1h | 186.62 | +0.123% | $49K | $342K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.730% | $63K | $902K | 10x | as long as short |
| Lighter SKHY | −0.0072% | 1h | 186.58 | +0.102% | $954K | $1.1M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.60 | +0.113% | $1.2M | $4.2M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0048% | 1h | 186.32 | −0.038% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.72 | +0.177% | $226K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.59 | +0.105% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.63 | +0.129% | $199.2M | $439.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.65 | +0.139% | $15.9M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.62 | +0.123% | $44.6M | $77.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.61 | +0.118% | $25.5M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.43 | +0.023% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 186.39 | long leg | $22K | $229K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 186.95 | +0.300% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.51 | +0.064% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.63 | +0.129% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.55 | +0.086% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.45 | +0.032% | $59K | $166K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.64 | +0.134% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.60 | +0.113% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0087% | 8h | 186.56 | +0.091% | $1.1M | $329K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.61 | +0.118% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 186.58 | +0.102% | $2.2M | $420K | 50x | |
| Phoenix SKHY | +0.0213% | 1h | 186.53 | +0.075% | $209K | $115K | 10x | as long as short |
GRVT SKHY_USDT_Perp
BloFin SKHY-USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Phoenix SKHY